Cost Segregation on Primary Residence if renting out the basement

[Ryan Judkins]

I live upstairs in a primary residence and have just started renting out the basement.  Can I get cost segregation depreciation on the % of the house that is rented out?

[Basit Siddiqi]

I would speak with a CPA before going with your stategy.

Rental losses on a owner-occupied SFH rental may be limited(even if you qualify for real estate professional status).

But if your question if can I do a cost segregation...the answer to that is yes...